Item: Wolters Kluwer CCH® Tagetik
Rating: 8
Author: Verified User

Use Cases and Deployment Scope

Tagetik is the solution we needed to comply with the business needs of having a single user-oriented platform unifying multiple core processes within the IFRS/MVBS processes consolidation, planning and forecast, S2/P3 disciplines, and regulatory reporting scope.
In this context, we took advantage of flexibility, built-in processes, and ETL functionalities which let every project to be configured and maintained in reduced time and this increased our company's value in a cost-effective manner.

Pros and Cons

Unify multiple processes in one single platform
Maximizes control over business data and processes
Reduces the implementation/maintenance costs
Optimizes decision processes thanks to flexible workflow system
Data reconciliation and report production

User interface can be improved graphically
Compatibility of the newest update with previous third-party SW version (es. Office) should be extended
Tagetik customer portal should be more user friendly

Return on Investment

Increase productivity and time by 25% by allowing business users to join parameterization activities
Reduced cost by 30% compared to the previous adopted solution
Improve overall performance and optimisation

Alternatives Considered

Anaplan and SAP Analytics Cloud

Compared to the competitors, Tagetik offered a platform mainly better in user overall experience, since this was one of the most important needs of the business. Also, reporting and data entry functionalities seemed to work better compared to the competitors, also considering the full platform was offered at a competitive price.

Key Insights

Do you think Wolters Kluwer CCH® Tagetik delivers good value for the price?

Yes

Are you happy with Wolters Kluwer CCH® Tagetik's feature set?

Yes

Did Wolters Kluwer CCH® Tagetik live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Wolters Kluwer CCH® Tagetik go as expected?

I wasn't involved with the implementation phase

Would you buy Wolters Kluwer CCH® Tagetik again?

Yes

Other Software Used

SAP Analytics Cloud

Likelihood to Recommend

I think Tagetik functionalities still fit our business needs perfectly, especially since the platform implemented offers a powerful BI experience by keeping at the same time a user-oriented approach. This means the values of the company can be increased at lower time and costs, also thanks to the support given that is always punctual, fast and effective.

The best solution for your business

Overall Satisfaction with Wolters Kluwer CCH® Tagetik